VANCOUVER, British Columbia -- (Newsfile Corp. – April 9, 2024) Sixty North Gold Mining Ltd. (CSE: SXTY, FKT: 2F40, OTC-Pink: SXNTF) (the “Company” or “Sixty North Gold”) provides an update on its planned activities for 2024.
Sixty North Gold plans to install a temporary camp to replace the camp trailers destroyed by a wildfire last year, and to restart mining of the A-Zone at its past-producing Mon Gold Mine. The Company has been in touch with suppliers and contractors to schedule the installation of the new camp.
The Company previously widened the North Ramp to three by four metres to accommodate its
larger mining equipment, and advanced the ramp by 132 m, to within 60 m of the planned initial
mining location. The initial stope is located 20 m below the historic stopes, that produced
15,000 tonnes of ore grading 30 gpt from a folded quartz vein. Drilling, both recent and historic,
shows the vein continues to the planned depth and beyond, with similar widths and grades as was mined.
Crews are expected to take four weeks to reach the initial mining level, before crosscuts will be
driven into the vein and mining of the vein can commence. The Company plans to bring to
surface and assay a bulk sample from the initial stope operations.
Sixty North Gold holds permits to mine and mill on this site. The Company believes the A-Zone is similar to the Discovery Mine, located 45 km to the north, where one million tons of ore
yielded one million ounces of gold from a marginally smaller vein. Dr. Dave Webb, CEO states, “We are well positioned to take advantage of the recent record high
gold prices, with our potential for early gold production. Our next two milestones to production
are within reach - the completion of the underground development with bulk sampling of the vein, and once grade and tonnage are confirmed, installation and commissioning of the mill circuit. see & read more on
https://sixtynorthgold.com/site/assets/files/3825/2024-04-09-nr-sxty.pdf